JURIDICAL REVIEW OF SHARIA SUPERVISORY BOARD SUPERVISION ON SHARIA BANKING PRODUCTS

Abstract

The purpose of this study is to analyze the Implementation of DPS Supervision on Sharia Products PT. Bank NTB Syariah Post-conversion and analyze the Legal Consequences of Supervision by DPS Against PT Products. Bank NTB Syariah, If Not In Accordance with Sharia Principles. Normative-empirical research methods. Research approaches are Legal Approach, Historical Approach and Legal Sociology Approach. Types and data sources are secondary data and primary data. Research location at PT. Bank NTB Syariah. Data collection techniques or legal materials are techniques for the collection of secondary materials and primary materials. Data processing is processed in a coherence and systematic. The data analysis in this study is qualitative, comprehensive, and complete. The results of the study, First, based on the results of supervision for two years post-conversion, DPS said that, in general, company operational activities. Bank NTB Syariah is in accordance with Sharia Principles, Fatwa DSN-MUI and DPS Sharia Opinion from the results of supervision of SHARIA products of PT. Bank NTB Syariah. Second, If the product developed and marketed is correct from the concept side, in practice there is a mistake / error that results in the product does not meet the pillars and conditions of the contract, then the profit obtained from the contract transaction is not valid as the Bank's income, but becomes TBDSP funds. Against existing products, there is a discrepancy with sharia principles and DSN-MUI fatwas, the consequences of which can be frozen or discontinued. Settlement continues the payment transaction until it is paid off or the customer must pay off immediately

Keywords: Supervision, DPS, Sharia Banking Products.

DOI: 10.7176/JLPG/108-11

Publication date: April 30^th 2021